New Fractional Jet Ownership Company Opens Its Doors

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Northern Jet Management announced late last month that it has named its newly formed fractional jet ownership program "The Company Jet." Company officials claim that The Company Jet is "designed to meet the needs of businesses and their business travelers, while most fractional programs are designed to serve leisure travelers and 'jetsetters.'" According to company officials, one significant difference in owning a share with The Company Jet is its three-year contract term; the industry standard is five years.

The Grand Rapids-based company says it will meet or beat any existing fractional jet program in terms of value to businesses.

"Finally, a fractional jet program that makes sense for business instead of jet setters," founder and President Chuck Cox said in a news release. "With The Company Jet, customers can focus on their business results and not on their business travel."

The Company Jet will feature the Cessna Citation Bravo. The Company Jet program comes with complete financing options. Northern Jet Management is a corporate aviation management company specializing in turnkey aircraft and flight-department management, fractional aircraft ownership, on-demand executive charter service and aviation consulting services.